ING is looking for a Financial Risk Specialist to further role-out the risk management framework for Settlement Risk within ING's Financial Risk department.
The Financial Risk (FR) department is a head office function that sets and controls the financial risk strategy across the organization. The department provides strategic guidance on financial risk (in trading and banking books and related to the ING balance sheet), safeguards regulatory compliance, is the owner of risk models for banking and trading risk and acts as risk manager for Treasury activities globally.
The Team - Settlement Risk
The FR department has recently become responsible for the set-up of the portfolio risk management and analysis activities related to Settlement Risk. The Settlement Risk specialist will act as the Center of Expertise for this risk type. As Settlement Risk is closely related to Credit and Counterparty Credit Risk, and to the operational processing of transactions in the Financial Markets and Treasury domain, this function will be actively working together with respective departments.
Initially the Settlement Risk specialist will focus on the set-up of a risk function and risk management process that is compliant with external regulation and internal guidelines. As a next step, these activities will be embedded in the structural responsibilities of FR and be part of the ongoing risk management activities.
Roles and responsibilities
Center of Expertise on settlement risk
Global, functional oversight of settlement risk in ING Group
Coordination and steering towards locations and stakeholders (e.g. First line business, other risk functions, finance and operations)
Portfolio analysis of settlement risk exposures
Set and monitor (portfolio) risk appetite and limits, including related capital implications
Oversee regulatory reporting for settlement risk
Advise senior management and committees on settlement risk
Write/propose, explain and align on functional requirements
Coordinate the implementation of regulatory requirements
Support communication towards the supervisor on settlement risk
The department has an open, informal atmosphere and a strong 'getting things done' mentality. You have the opportunity to keep learning, take on responsibility and challenge yourself. In return we'll invest in you and help you reach your true potential.
How to succeed
We hire smart people like you for your potential. Our biggest expectation is that you'll stay curious. Keep learning. Take on responsibility. In return, we'll back you to develop into an even more awesome version of yourself.
Candidates should have strong analytical skills and the ability to create, challenge and improve risk analysis and monitoring processes. Also, the candidate has good communication skills - to interact with various stakeholders and team members in a timely and professional manner - as well as critical thinking and a pro-active attitude.
Candidates with banking sector experience (at least 5 years) in Trading / Treasury front office or risk management roles will have our preference.
Your profile
Strong analytical and quantitative skills (the breakdown of complex issues in manageable pieces)
Good communication skills, both verbally and in writing
Good understanding of financial market products like FX products
Able to read and understand regulatory and supervisory requirements
Able to identify problems independently and to solve them with the help of experienced staff, also involving the appropriate parties
Result-driven and able to push things forward in a persistent and constructive manner
Able to manage different stakeholders and navigate different cultural environments
Decisive and resilient
Changeable and flexible, able to act swiftly in changing situations
Well structured, autonomous, highly adaptive, flexible team player
Thrive while working in a fast-paced, dynamic environment
Rewards and benefits
We want to ensure you can strike the right balance between your career and private life. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm. The benefits of working with us at ING include the following:
A salary tailored to your qualities and experience
24-27 vacation days, depending on the contract
Pension scheme
13th-month salary
Individual Savings Contribution (BIS), 3.5% of your gross annual salary
8% Holiday payment
Personal growth and challenging work with endless possibilities
An informal working environment with innovative colleagues
Work Agile, so new ideas come to life faster
About us
With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and business. Do you want to work at the cutting edge of what's possible and simultaneously ensure you work with integrity and hold the customer's interests at heart? Do you want to be surrounded by progressive, inspiring, diverse, and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.
Questions?
Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the "Apply" button.
Het salaris bedraagt €5060 - €8143